BL-MACO Service Inc. SBDC Success Story
Economic Impact
- Business Expansion
- EDC Capital Injection
- 4 Jobs Retained
Victor and Amanda operated their automotive service and repair business in downtown Big Lake, Texas for several years. They leased a building that limited the kind and amount of work they could do. It was suggested they contact the Big Lake Economic Development Corporation for some possible assistance. After meeting with a representative from the Big Lake EDC, they were referred to James Leavelle at the Angelo State University – Small Business Development Center for assistance in writing a business plan.
Amanda met with James regularly over several weeks as she worked out the specifics of her business plan. Together they worked out the Market Analysis, Sales Strategy, Operations Plan, Financial Projections, and other parts of the plan. Ultimately, her work paid off as she and Victor were awarded a large grant to assist them in purchasing some much-needed equipment, and a loan to purchase a piece of property owned by the EDC that was better located and suited for their business.
Amanda and Victor have been more than satisfied with the assistance they received from James and the ASU-SBDC. In addition to the business plan, he was instrumental in assisting them with their SBA Economic Injury Disaster Loan application during the COVID-19 pandemic.
“James is there when I need him. He helped us with our business plan for the EDC. Thank you so much, without you this would not be possible.”